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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (1350)

8/15/2014 2:28:38 AM

From: elmatador

Respond to of 2504

Banana firm Chiquita spurns $611m Brazil takeover bid. Prefer to merge with EU food embargo land.

deem offer "inadequate and not in the best interests of Chiquita shareholders". Someone has to tell the shareholders that if it is merged to an European company they can be subject to food embargoes...

Message 29671398

To: marcos who wrote (1350)	9/10/2015 7:45:06 AM
From: elmatador	Read Replies (2) \| Respond to of 2504

Verde Potash will gain. "Seventy percent of the fertilizers used in Brazil are imported and a weaker currency makes those imports more expensive, so the delay has made fertilizers more expensive for farmers," said Michael Cordonnier, the influential corn and soybean analyst. agrimoney.com Brazilian Real weak must domestic produce will gain advantage. Vale may sell potash assets in Saskatchewan “There’s a lot of potash coming on in Saskatchewan and they have a project in Brazil that is near their existing mine,” said the Bank of Montreal analyst, Mr. Jackson. “I am sure they would prefer to do a project in Brazil rather than Saskatchewan,” he said. theglobeandmail.com

To: marcos who wrote (1350)	3/8/2022 3:13:06 AM
From: elmatador	Respond to of 2504

HI Marcos! Verde to reach 3 million t potash production capacity in 2022 Save to read list Published by Nicholas Woodroof, Deputy Editor World Fertilizer, Friday, 04 March 2022 11:00 Brazil's Verde AgriTech has started working to double the capacity of its second production facility, currently under construction (Plant 2), located in the state of Minas Gerais. Verde will also upgrade local infrastructure to sustain Plant 2’s increased output and enable a future Plant 3 (Expansion Plan). Plant 2 is on track to start production in 3Q22, and the enlarged production capacity is expected to be in operation in early 4Q22. Verde expects to start construction on Plant 3 in 2023 conditioned on permits. In the face of recent geopolitical events involving Russia and Ukraine, noticeably the collateral impact of economic sanctions on Russia and its ally Belarus on the potash supply to Brazil, Verde’s Board of Directors has unanimously approved an accelerated investment programme to sustain the Expansion Plan. Plant 2 is on track to reach commercial production of Verde’s multinutrient potassium products, BAKS® and K Forte® sold internationally as Super Greensand®, by 3Q22 with an initial operational capacity of 1.2 million tpy. The company will simultaneously work on the Expansion Plan with two core objectives: Expand Plant 2’s operational capacity from 1.2 million tpy to 2.4 million tpy by 4Q22.Upgrade local infrastructure to sustain Plant 2’s logistics with added capacity to enable a future Plant 3.By 4Q22, with Plant 2’s expansion, Verde expects to have raised its overall production capacity to 3 million tpy, becoming Brazil’s largest potash producer. On 10 February 2022, the company received a further 2.5 million tpy Mining Concession, bringing the total capacity now fully permitted to mine to 2.83 million tpy. “Over the past months, we have followed the escalation of tensions in Ukraine and become concerned about the suffering of the innocents caught in this geopolitical tussle. Given the latest sanctions applied to Belarus and Russia, we are acutely aware of the collateral impact on Brazil’s agriculture in the case of a potash supply disruption. We are equally worried about a global food shortage, which might be unavoidable if there is a break down in fertilizer supply”, commented Verde’s Founder, President & CEO Cristiano Veloso. Brazil ranks second in world potash consumption and first in importation. The country relies on imports for more than 96% of its potash needs. Verde’s potash production in Brazil is strategic to the development of a domestic supply that will increasingly help reduce the country’s dependence on imported fertilizers, and meet Brazil’s demand for food production, consumption and exports. This strategy becomes particularly important in light of the recent geopolitical events involving directly and indirectly two of the world’s largest potash producers, Russia and Belarus. In 2021 Brazil’s consumption of potash (in K2O) was 7.92 million, which is equivalent to 79.2 million t of Verde’s Product. This market stood at 3.99 million t (in K2O) in 2010 and 2.71 million t (in K2O) in 2000, reflecting Brazil’s growing agricultural production. https://www.worldfertilizer.com/potash/04032022/verde-to-reach-3-million-t-potash-production-capacity-in-2022/

To: marcos who wrote (1350)	3/8/2022 11:23:16 AM
From: elmatador	Respond to of 2504

Fertilizer Turmoil Bolsters Brazil’s Case for Mining the Amazon Insufficient domestic supplies of crop nutrients have been a thorn in the side of Brazil for decades, with the agricultural superpower importing about 80% of its needs The potential of potash production in the Amazon Basin is similar to the Urals region, in Russia, and Saskatchewan, in Canada, according to the state geological survey of Brazil known as CPRM. Deposits held by Petrobras and Potassio do Brasil, a company controlled by Canada’s Forbes & Manhattan, have a combined 3.2 billion metric tons of resources. Other analyzed areas could double that. Insufficient domestic supplies of crop nutrients have been a thorn in the side of Brazil for decades. (Leo Carrato/Bloomberg) March 07, 2022 \| 09:19 amBy Mariana Durao and Tatiana Freitas Recent quotes Nasdaq 12,804.96 -0.20% Ibovespa 111,389.30 -0.19% S&P/BMV IPC 52,591.11 +0.53% BTC/USD 38,705.74 +2.29% Bloomberg — The ripples of Russia’s invasion of Ukraine may reach all the way to Amazonian rainforests as Brazil sees disruptions to global fertilizer supplies as another reason to produce more of its own. Insufficient domestic supplies of crop nutrients have been a thorn in the side of Brazil for decades, with the agricultural superpower importing about 80% of its needs. The Ukraine war has seen Brazilian farmers struggle to buy fertilizer, fueling a debate on the exploitation of potash reserves in the Amazon, including on indigenous lands. President Jair Bolsonaro came out this week in support of boosting domestic supplies of potassium-based nutrients as part of his push to open up the biome to development. Industry groups followed suit as global turmoil exposes the fragility of supply chains. The debate pits the need to feed the world against protecting the most bio-diverse place on the planet. PUBLICIDAD “With the Russia/Ukraine war, we are at risk of facing a lack of potash or its price increase,” Brazil’s President Jair Bolsonaro wrote on his twitter account. “Our food security and the agribusiness (economy) require from us, Executive and lawmakers, measures that allow the non-foreign dependency of something we have in abundance.” Bolsonaro urged lawmakers to push through a controversial bill that would allow mining on indigenous territories. His comments were slammed by indigenous groups, who say the government proposal threatens the health and rights of communities. A recent government decree to support artisanal mining was criticized by environmentalists as encouraging illegal activities that imperil rainforests. The potential of potash production in the Amazon Basin is similar to the Urals region, in Russia, and Saskatchewan, in Canada, according to the state geological survey of Brazil known as CPRM. Deposits held by Petrobras and Potassio do Brasil, a company controlled by Canada’s Forbes & Manhattan, have a combined 3.2 billion metric tons of resources. Other analyzed areas could double that. PUBLICIDAD “We can’t abandon potash exploitation in the Amazon,” CPRM director Marcio Remedio said. “It is strategic in terms of economic growth, inflation (control) and food security.” Fertilizer Suppliers Potassio do Brasil’s project and two other phosphate initiatives have qualified for a government program to speed up strategic mining projects. Now mining companies represented by industry group Ibram want the government to create a working group involving Potassio do Brasil to seek the advancement of its potash project in Autazes, in Amazonas state, as Black Sea tensions boost the risk of fertilizer shortages. Farmers are also on board.“These times are making us discuss the need to extract potash in Brazil. We have big reserves, but unfortunately they are in indigenous lands,” said Bartolomeu Braz Pereira, head of Brazil’s largest farming group Aprosoja. “We can’t rely in other nations for fertilizer supplies.” For Greenpeace, the government’s attempt to accelerate the vote on the Amazon mining bill shows its disrespect toward indigenous rights and inability to tackle the situation. “Bolsonaro’s government lies while it suggests that approving the bill could solve an eventual fertilizer shortage as it omits that solutions for this kind of problem require mid- and long-term planning,” said Danicley de Aguiar, a spokesman for Greenpeace Brazil. The Canadian miner took the first steps in the project in 2008. It obtained a preliminary license that was later suspended by a Federal Court that required prior consultation with the Mura indigenous people, it told Bloomberg. The $2.3 billion project should be ready in about five years, with annual potassium chloride production envisaged at 2.4 million tons. Even if the country green-lights mining on indigenous land, opening a potash mine in the Amazon brings challenges such as energy supply and the technology to drill down as deep as a kilometer. “A licensing process of this size takes at least three to five years, so it won’t solve the crisis,” said Suzi Huff, a geologist and professor at Brasilia University. Despite the obstacles, Brazil is processing 535 requests for potash exploration rights, although not all those are in the Amazon. That’s a 49% increase from the end of 2020.